Carlyle Credit Income Fund

CCID: Is Carlyle Credit Income Fund Halal?

Carlyle Credit Income Fund

NYSEFinancial ServicesUS

$25.10

+0.02%

Market Cap: 532.1M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Carlyle Credit Income Fund (CCID) halal? Not Halal. Based on AAOIFI screening, Carlyle Credit Income Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

98.2% of 5.0% limit

98% of the basket's holdings were screened individually.

About Carlyle Credit Income Fund

The Carlyle Credit Income Fund, a closed-end mutual fund, is primarily managed by Vertical Capital Asset Management, LLC, with Behringer Advisors, LLC serving as co-manager. While its core investment strategy focuses on fixed-income instruments, it also allocates capital to equity securities from companies operating across diverse industries. The fund measures its portfolio's performance against the Barclays Capital U.S. Mortgage Backed Securities Index. This U.S.-domiciled fund commenced operations on December 30, 2011.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (98.2%)

Basket Composition

98% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

98%
Halal0%
Doubtful0%
Not Halal98%
Unknown2%
Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Carlyle Credit Income Fund (CCID) halal to invest in?
Carlyle Credit Income Fund (CCID) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Carlyle Credit Income Fund get a F compliance rating?
Carlyle Credit Income Fund's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change Carlyle Credit Income Fund's Shariah verdict?
Carlyle Credit Income Fund's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is Carlyle Credit Income Fund re-screened for Shariah compliance?
Carlyle Credit Income Fund (CCID) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.